Get the latest cannabis and hemp industry news and insights.
Now that Q1 has wrapped up we want to share our quarterly round-up of which states issued the most dispensary/retailer licenses. We tallied 333 new dispensary/retailer licenses were issued in the quarter and New Jersey and Michigan each accounted for about 20% of the 333. In Q1 2023 there were 699 licenses issued.
April 30, 2024
As competition increases in the cannabis industry, retail and medical dispensaries need to differentiate themselves in order to gain new customers and earn continued loyalty from existing customers.
July 2, 2021
Since starting the Cannacurio series last year, the leaderboard blog posts have garnered a significant amount of interest. We have been crunching and adjusting the numbers to show what happened in 2020 and focused on the total number of active licenses in effect because this view takes into account terminated and non-renewed licenses.
February 8, 2021
Since our last update in late summer, dispensaries and retailers have continued to enter the marketplace adding 1,422 new licenses since January 1. Those licenses represent a 20% increase from the 6,927 at the beginning of the year.
December 4, 2020
Through July 2020 new dispensaries and retailers continue to enter the marketplace. So far this year we have tracked 781. Those licenses represent an 11% increase from the 6,927 at the beginning of the year.
August 25, 2020
We are midway through 2020 and the industry has added 667 licenses this year. Those new licenses represent a 9.6% increase from the 6,927 at the beginning of the year. Twenty-one states have added at least one active license this year.
July 20, 2020
Through May 2020 the industry has added 554 licenses year to date with 88 in April and 77 in May. Those 554 represent an 8% increase from the 6,927 at the beginning of the year.
June 9, 2020
Two months into 2020 and it’s time to take a look at the retail & dispensary landscape. So far this year Cannabiz Media has tracked 256 newly active dispensary/retailer licenses from 14 states.
March 2, 2020
Missouri just released the winners of the 192 dispensary licenses. Based on our analysis of the winners, here’s what we know so far: 85 entities were awarded the 192 licenses.
January 28, 2020
.jpg)
.png)